IFC and ACCA Ghana Help to Improve Business Performance among Ghanaian Companies

Accra, Ghana. December 3, 2015 –
IFC, a member of the World Bank Group, and the Association of Chartered
Certified Accountants (ACCA) Ghana’s global professional accounting body,
are promoting improved corporate governance practices in Ghana to help
build more sustainable businesses and strengthen private sector growth.

As part of a series of planned activities
that started last year and will continue for another three years, IFC and
ACCA Ghana organized a workshop for Company Secretaries today at the World
Bank Group office to explain their role within the corporate governance
framework. The program introduced participants to IFC’s Corporate Secretary
Toolkit, which helps practitioners understand their roles as governance
professionals.

Norman Williams, ACCA Portfolio Head, East
and West Africa, said: “ACCA is committed to helping institutions develop
capacity to establish good corporate governance culture that will help
them perform better, attract more capital and increase their profitability.
We are working with IFC to help achieve our goal and support Ghanaian businesses”

Chinyere Almona, Head, Africa Corporate Governance
Advisory Program for IFC, said, “IFC works with companies to help them
adopt good corporate governance practices, which contribute to sustainable
economic development. Partnering with ACCA will help us support companies
to implement corporate governance practices, improve their productivity
and contribute to economic development in Ghana’s economy.”

IFC Africa’s Corporate Governance program
aims to improve the performance of businesses by helping them adopt good
corporate governance practices and standards that are adapted to regional
priorities. Improved corporate governance helps businesses attract and
retain investment, among other benefits.The IFC Africa Corporate Governance program
is funded by the State Secretariat for Economic Affairs (SECO), Switzerland.

ABOUT SECOSECO is Switzerland’s competence center
for all core issues relating to economic policy. SECO’s economic development
cooperation strives to achieve sustainable growth. Such growth is sustainable
if it creates jobs, helps to increase productivity, to reduce poverty,
inequalities and global risks. For more information, visit www.seco-cooperation.ch

About IFCIFC, a member of the World Bank Group, is
the largest global development institution focused on the private sector
in emerging markets. Working with more than 2,000 businesses worldwide,
we use our capital, expertise, and influence, to create opportunity where
it’s needed most. In FY15, our long-term investments in developing countries
rose to nearly $18 billion, helping the private sector play an essential
role in the global effort to end extreme poverty and boost shared prosperity.
For more information, visit www.ifc.org

About ACCA GhanaThe Association of Chartered Certified Accountants
(ACCA) is the global body for professionalaccountants with over 428,000 trainees and
162,000 qualified members in 170 countries. We help theworld’s employers to grow their businesses
by enabling them to develop the finance leaders oftoday and tomorrow in all business sectors
through our network of 80 offices and centers worldwide.For more information, visit www.accaglobal.com